At some point, most landlords will probably encounter a situation where one of their rental properties still receives mail for a former tenant. It can be frustrating, particularly when the previous tenant didn’t provide a forwarding address. So, how can you make sure the mail gets to the right person – and stop it from… Read more »
Investment Opportunities Arise with the Build-to-Rent Market Explosion
A decade ago, the foreclosure crisis shook the housing market. Investors quickly flooded in, buying millions of distressed homes with the intention of turning them into lucrative rental properties. They transformed what had been a small, family-owned and operated market into an official large-scale formally managed asset class. And it shows no sign of slowing…. Read more »
Tips for Property Managers on How to Handle Emergency Maintenance
As a property manager, it’s essential to have a quick response to emergency maintenance. Taking too long to respond to maintenance complaints can be damaging to both your tenant and client relationships. Tenants may become frustrated, while a slow response could end up costing your client thousands of dollars. Missing an emergency could also make… Read more »
Nine Costly Property Management Mistakes to Avoid
There’s no doubt being a property manager requires patience and commitment. Communicating with tenants and staying on top of repairs takes up a lot of time, but it can also be very rewarding. Like any industry, mistakes can happen. Unfortunately, some of them can end up costing you a significant amount of time and money…. Read more »
How to Prorate Rent and Why it’s Important
If you have a tenant that’s moving out – or in – halfway through the month, chances are they won’t want to pay for a full month’s rent. Nor would it be fair to expect that of them. Instead, it’s best to keep your rent due dates consistent and be considerate to the tenant by… Read more »
How to Lawfully Evict a Tenant Without a Lease
A Step-by-Step Guide for Landlords Without a Lease Evicting a tenant is never easy—especially when there’s no written lease in place. Whether you’re dealing with a former friend, a family member who’s overstayed their welcome, or an inherited tenant, learning how to evict someone from your house requires a clear understanding of local laws, notice… Read more »
How to Prepare Your Property for a New Tenant
If you have an upcoming move-out, it can feel overwhelming to get the property ready for a new tenant. Thankfully, with a little organization, it doesn’t have to be a lengthy process. If you make a list, schedule each task, and start early, many of the steps can be taken care of before your current… Read more »
How to Handle a Tenant Who Won’t Leave After Eviction
Dealing with a tenant not paying rent and won’t leave is one of the most stressful challenges a landlord can face. Whether it’s due to a lease violation, missed payments, or disputes over the eviction process, it’s crucial to know the proper steps to take to resolve the situation legally and efficiently. In this article,… Read more »
What You Need to Know About Squatter’s Rights
Squatter’s rights have become a popular topic over the past few years, especially with the founding of organized rehousing groups like Take Back the Land. Squatters are defined as any person who chooses to live in a property or piece of land that they don’t have a legal right to occupy. Not surprisingly, many property… Read more »
New Laws Every California Landlord or Property Managers Need to Know
California legislators have been busy during the first half of 2019! There have been a number of new bills, acts, and ordinances that have either been passed or are currently pending, many of which have implications for landlords and property managers. Even if you don’t have rental properties in California, it’s important to keep updated… Read more »